October 22 Gold Morning Analysis
Last night, gold traded sideways within the 4140-4100 range, with limited overall volatility, and closed at $4140 near the end of the session. The daily chart formed a small bullish candle, but after briefly testing resistance at 4145 at today's open, gold fell back again. It is currently trading near $4114, and the rebound still lacks staying power!
Technically, although the daily chart closed with a small bullish candle, the bearish structure of the short-term moving averages remains unchanged. The MACD green bars show signs of contraction, but the fast and slow lines remain below the zero line. Rebound momentum is clearly weak, and the overall bearish trend has yet to reverse. The rebound should be viewed as a technical correction rather than a trend reversal.
On the short-term hourly chart, gold fell back again after meeting resistance around 4145. The short-term moving averages have turned downward again, the MACD fast and slow lines are showing signs of forming a death cross near the zero line, and the KDJ lines have turned down from high levels. Short-term rebound momentum has faded, and the price center of gravity has shifted lower again. The intraday outlook remains bearish.
For today's trading, watch the 4130-4135 range for short-term resistance. If gold rebounds to this area and the hourly chart forms a clear upper wick, a small short position may be considered, with a stop-loss above 4145 and downside targets in the 4110-4100 range. If gold breaks below the key 4100 level directly, follow the move with a short position, with a stop-loss above 4115 and a downside target near 4080.
The above content represents only my personal views and does not constitute investment advice. Investing involves risk; exercise caution when entering the market. Please manage your position size appropriately and make rational decisions based on your own risk tolerance. #黄金 #伦敦金 $XAUUSD ‌

#美股AI和加密概念上涨 With expectations for AI demand recovering and tech giants’ earnings reports coming one after another, risk appetite is back in the market. This rally is backed by volume, but how far can it fly? Put simply, it still depends on whether earnings can withstand expectations—the mood can light the fire, but earnings are what keep it alive.

I’m still mainly watching Nvidia (NVDA), for a very direct reason:

1. Its results haven’t disappointed. Next quarter’s revenue guidance is $108 billion (±2%), with a 74% gross margin. Data centers remain its biggest pillar—data center revenue last quarter was $51.2 billion, up 66% year over year, and AI demand is still surging.

2. Don’t panic about “capex peaking” just yet. Goldman Sachs has set a $300 price target, saying physical AI revenue has already surpassed the full-year figure; Jensen Huang said at GTC Berlin, “Build an AI factory in 14 days,” and Google Cloud plans to deploy 960k Rubin GPUs all at once—the demand story is still being written, not finished.

3. Remember two pitfalls before getting in. Earnings guidance excludes data center revenue from mainland China, so don’t be misled by the headline figures; the valuation isn’t cheap, with a $5.35 trillion market cap and a TTM P/E of 27.7x. The next earnings report will be a major test.

In short, AI chips are still the hottest thing on the street, but whether they can stay that way depends on how earnings meet expectations.

Meanwhile, BTC has broken $83k, and MSTR, COIN, and MARA have all taken off, with their high-beta moves in full swing—but that’s a different playbook: token prices, regulation, and capital flows are a different story from AI chips.

Which side are you on this time? Will AI chips keep leading, or will crypto-related stocks take over? Pick one in the comments and tell us which assets you’re watching. #GateWCTCS9全球交易赛 $NVDA ‌